M.L. Dyeing & Textile Ind Balance Sheet Health
Financial Health criteria checks 5/6
M.L. Dyeing & Textile Ind has a total shareholder equity of BDT3.1B and total debt of BDT199.7M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are BDT3.5B and BDT395.6M respectively. M.L. Dyeing & Textile Ind's EBIT is BDT62.5M making its interest coverage ratio 4.8. It has cash and short-term investments of BDT105.6M.
Key information
6.4%
Debt to equity ratio
৳199.71m
Debt
| Interest coverage ratio | 4.8x |
| Cash | ৳105.60m |
| Equity | ৳3.10b |
| Total liabilities | ৳395.60m |
| Total assets | ৳3.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLDYEING's short term assets (BDT828.9M) exceed its short term liabilities (BDT237.8M).
Long Term Liabilities: MLDYEING's short term assets (BDT828.9M) exceed its long term liabilities (BDT157.8M).
Debt to Equity History and Analysis
Debt Level: MLDYEING's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: MLDYEING's debt to equity ratio has increased from 0.06% to 6.4% over the past 5 years.
Debt Coverage: MLDYEING's debt is well covered by operating cash flow (42.1%).
Interest Coverage: MLDYEING's interest payments on its debt are well covered by EBIT (4.8x coverage).